Negative Interest Rates and a Term Structure Puzzle James Hamilton provided us with another interesting discussion on negative interest rates: we now have several years of experience from Sweden, Denmark, Switzerland, Japan, and the European Central Bank in which the central bank successfully induced negative interest rates in hopes of stimulating a greater level of spending […]
“Why are we having all these people from shithole countries come here?” Trump said, according to these people, referring to African countries and Haiti. He then suggested that the United States should instead bring more people from countries like Norway, whose prime minister he met Wednesday. and the excuse? “Certain Washington politicians choose to fight […]
Does the United States Have A “Poland Problem”? It certainly looks like it. Again, for anybody not having seen one of these, a “Poland problem” involves an apparent disconnect between economics and politics, nations with reasonably well performing economies where the populace becomes unhappy and supports opposition, especially “populist” nationalist authoritarian candidates, with 2015 victory […]
By Steve Roth (re posted) Why Economists Don’t Know How to Think about Wealth (or Profits) Until 2006, they quite literally weren’t playing with a full (accounting) deck. Most still aren’t In the next evolution of economics taking shape around us and among us, perhaps no school has been so transformational over recent decades as a loose, worldwide […]
A US economic Boom in 2018? For the last several years, I have tried to identify several graphs that most bear watching over the ensuing 12 months. This year, in addition to watching bond yields like everybody else, the data that most bears watching, it seems to me, can be summed up in the question: […]
From the World Economic Forum: Kim Kardashian is an unlikely champion of statistics, but a tweet from the reality TV star in January 2017 contained a startling figure that has been named International Statistic of the Year. She shared a table showing a range of violent or unexpected ways people meet their deaths annually in […]
This column was written February 16, 2016 by Jeff Jacoby of The Boston Globe and is entitled; “The man who didn’t want to be president.” It was referenced in another column by Jeff Jacoby called “The Great I Am“. After hearing Trump’s “Like, being really smart” and a “stable genius” remarks, this column “kind of […]
How Trump Killed The Anti-Government Protests In Iran By very strongly and publicly supporting them and dragging the matter to the UN Security Council Of course, his supporters have been praising his “strong action” in comparison with Obama’s quiet approach to the 2009 demonstrations, meant to reduce accusations of the demonstraters being US pawns. Those […]